Downtown Ashland Investment
121 16th St Ashland, KY 41101
For Sale
$869,900
Income-producing property in downtown Ashland with six current tenants.
Lot Size0.95 Acres
Days on Market743
Property Features for 121 16th St
General Information
Standard status
Active
Lot size
0.95 Acres
Listing Agency:
Memmer Realty
(606) 571-0797
Listed By:
Paul Castle · License #272145
(606) 571-0797
Source:
Exprealty
Added: Jul 15, 2024
Changed: Jul 6
Last Checked: Jul 26 at 10:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Memmer Realty
Investment Insights
Based on property information with market context.
This property is located in the heart of the downtown Ashland Business District, one block from the Delta Hotel. Situated between 16th and 15th Street and between Greenup Ave and the floodwall, the property benefits from road access on all sides. The site measures approximately 290 feet by 142 feet. Currently, six tenants occupy the property, generating an annual income of $99,144. The property has undergone multiple updates and renovations in recent years, presenting an investment opportunity.
Key Highlights
- Large income‑producing property generating $99,144 yearly from six current tenants.
- Located in the heart of the downtown Ashland Business District.
- Nearly a half block in size with road access all around.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Individual retail property - Income-producing property in downtown Ashland with six current tenants.
Where is this individual retail property located?
The property is located at 121 16th St Ashland, KY.
What is the asking price?
The asking price for this property is $869,900.
What are key features of this property?
This property features: Large income‑producing property generating $99,144 yearly from six current tenants.; Located in the heart of the downtown Ashland Business District.; Nearly a half block in size with road access all around.